Blackrock MuniHoldings New York (MHN) At $12.36 Forms Bottom; Last Week Ashmore Group PLC (LON:ASHM) Analysts

June 18, 2018 - By Danny Collins

Ashmore Group PLC (LON:ASHM) Logo

Blackrock MuniHoldings New York (MHN) formed multiple bottom with $11.62 target or 6.00% below today’s $12.36 share price. Blackrock MuniHoldings New York (MHN) has $384.79 million valuation. The stock increased 0.08% or $0.01 during the last trading session, reaching $12.36. About 932 shares traded. Blackrock MuniHoldings New York (NYSE:MHN) has declined 9.18% since June 18, 2017 and is downtrending. It has underperformed by 21.75% the S&P500.

Among 20 analysts covering Ashmore Group PLC (LON:ASHM), 6 have Buy rating, 4 Sell and 10 Hold. Therefore 30% are positive. Ashmore Group PLC had 223 analyst reports since July 29, 2015 according to SRatingsIntel. Barclays Capital upgraded Ashmore Group PLC (LON:ASHM) on Thursday, July 20 to “Equal Weight” rating. Barclays Capital maintained it with “Underweight” rating and GBX 260 target in Wednesday, July 29 report. The rating was maintained by Numis Securities with “Reduce” on Friday, October 13. BNP Paribas downgraded the shares of ASHM in report on Wednesday, April 20 to “Underperform” rating. The rating was maintained by RBC Capital Markets with “Underperform” on Tuesday, August 25. The stock of Ashmore Group PLC (LON:ASHM) earned “Underperform” rating by BNP Paribas on Tuesday, October 11. The firm earned “Buy” rating on Friday, January 15 by Societe Generale. Jefferies maintained it with “Hold” rating and GBX 325 target in Monday, April 10 report. Peel Hunt maintained Ashmore Group PLC (LON:ASHM) rating on Thursday, July 14. Peel Hunt has “Hold” rating and GBX 310 target. The stock of Ashmore Group PLC (LON:ASHM) has “Buy” rating given on Thursday, October 19 by Berenberg. See Ashmore Group PLC (LON:ASHM) latest ratings:

22/05/2018 Broker: HSBC Rating: Hold Old Target: GBX 385.00 New Target: GBX 395.00 Upgrade
27/04/2018 Broker: Barclays Capital Rating: Overweight Old Target: GBX 430.00 New Target: GBX 465.00 Upgrade
26/04/2018 Broker: Canaccord Genuity Rating: Buy Old Target: GBX 450.00 New Target: GBX 465.00 Reiteration
26/04/2018 Broker: Shore Capital Rating: Hold Old Target: GBX 396.00 New Target: GBX 409.00 Maintain
26/04/2018 Broker: Peel Hunt Rating: Add Old Target: GBX 440.00 New Target: GBX 470.00 Maintain
24/04/2018 Broker: Berenberg Rating: Buy Old Target: GBX 440.00 New Target: GBX 468.00 Maintain
17/04/2018 Broker: Canaccord Genuity Rating: Buy Old Target: GBX 450.00 New Target: GBX 450.00 Maintain
18/04/2018 Broker: JP Morgan Rating: Neutral Old Target: GBX 425.00 Maintain
17/04/2018 Broker: Numis Securities Rating: Hold Old Target: GBX 365.00 New Target: GBX 386.00 Upgrade
17/04/2018 Broker: Peel Hunt Rating: Add Old Target: GBX 440.00 New Target: GBX 440.00 Maintain

Ashmore Group plc is a publicly owned investment manager. The company has market cap of 2.55 billion GBP. The firm primarily provides its services to retail and institutional clients. It has a 18.04 P/E ratio. It manages separate client-focused equity and fixed income portfolios.

The stock decreased 0.26% or GBX 1 during the last trading session, reaching GBX 380.6. About 269,353 shares traded. Ashmore Group PLC (LON:ASHM) has 0.00% since June 18, 2017 and is . It has underperformed by 12.57% the S&P500.

Investors sentiment decreased to 1.14 in 2018 Q1. Its down 0.56, from 1.7 in 2017Q4. It worsened, as 8 investors sold Blackrock MuniHoldings New York shares while 6 reduced holdings. 6 funds opened positions while 10 raised stakes. 2.62 million shares or 11.76% more from 2.35 million shares in 2017Q4 were reported. Bank & Trust Of America De holds 0% of its portfolio in Blackrock MuniHoldings New York (NYSE:MHN) for 119,402 shares. Minnesota-based Sit Inv Assocs has invested 0% in Blackrock MuniHoldings New York (NYSE:MHN). First Manhattan, New York-based fund reported 1,350 shares. 10,750 were accumulated by Lpl Fincl. Northern Trust Corporation owns 0% invested in Blackrock MuniHoldings New York (NYSE:MHN) for 14,172 shares. 187,412 were reported by Fiera Corp. 22,431 were reported by Raymond James Services Advisors. Geode Cap Ltd Liability Corp invested in 64,546 shares or 0% of the stock. Morgan Stanley reported 816,353 shares. Royal Bank & Trust Of Canada owns 160,146 shares. Rmb Capital Mngmt Ltd Liability owns 143,452 shares. Asset Mngmt accumulated 15,331 shares or 0.03% of the stock. Pnc Financial Svcs Grp invested in 2,075 shares. 25,138 are owned by Landscape Cap Management Ltd Company. Moreover, Laurion Capital Mngmt L P has 0% invested in Blackrock MuniHoldings New York (NYSE:MHN).